JUDGMENT

[Physical Hearing/Hybrid Hearing (as per request)]

Rajiv Shakdher, J. (Oral)--This writ petition is directed against the communication dated 29.07.2021 [hereafter referred to as "impugned communication"], passed by respondent no.1 i.e., Senior Intelligence Officer, Directorate of Revenue Intelligence (DRI), Mumbai Zonal Unit.

2. Notice in the writ petition was issued on 24.08.2021.

2.1. Since then, pleadings in the writ petition stand completed.

3. The respondent nos.1 to 3/revenue [hereafter referred to as "official respondents"] pursuant to the various orders of this Court, have filed several additional affidavits.

4. Rejoinder has also been filed by the petitioner in the matter.

5. We have heard the counsel for the parties at length.

6. The submissions on behalf of the petitioner have been advanced by Ms Vibha Datta Makhija, learned senior counsel, while Mr Satish Kumar, learned senior standing counsel made submissions on behalf of official respondents/revenue.

7. The broad facts which have emerged in the matter are as follows:

8. The respondent no.1 issued the impugned communication to the banker of the petitioner i.e., IndusInd Bank Limited [hereafter r